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Hey, what happened to my tax increase?

I spent most of my day at the keyboard, punching numbers into Turbo Tax. Last year we ended up paying both state and federal, so my wife and I increased our withholding, by about enough where we figured we would get a modest refund. Well, it’s higher than we thought, thanks in part to Obama and the Democrats. Last year we bought a wood stove to take the chill, and the expense out of the cold winter days. The installation of that stove is a story in itself, but I’ll let that pass. We got a tax credit for buying the stove, courtesy of the stimulus program. I was pleased also, to see that the programmers made a point of letting the user know that s/he had received another tax credit-the Making Work Pay credit. That was a bit confusing, since I never claimed it and had never heard of it. However, it turns out that you get it automatically, in the form of reduced withholding. The program lets you know how much you received.

It’s nice that the Turbo folks have let their users know that their taxes have been cut, since the Democrats managed to keep that fact well hidden. In fact, a large percentage thinks their taxes have gone up. We can’t wholly blame the Republicans or the press for the widespread ignorance about these tax cuts. It’s up to the Democrats to get their message out.

On a personal level, we are getting enough to salve my conscience about my recent Ipad order, and then some. In any event, that chore is over for another year.


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